FY26 Trading Update & Guidance

• Group retail sales for first 43 weeks of FY26 grew 14.0%
• Universal Store (US) achieved 8.1% LFL growth in first 17 weeks of H2 FY26
• Perfect Stranger (PS) achieved 10.0% LFL growth in first 17 weeks of H2 FY26
• CTC wholesale channel deterioration leads to $24 million intangible asset impairment

Universal Store Holdings Ltd. has provided a trading update on the first 43 weeks of the 2026 financial year (FY26 YTD), as well as FY26 sales and EBITA guidance. The Group's retail sales for the first 43 weeks of FY26 have grown by 14.0%. This includes 11.8% growth for the Universal Store (US) brand, 39.8% growth for Perfect Stranger (PS), and 14.5% growth for CTC. US achieved 8.1% like-for-like (LFL) growth in the first 17 weeks of H2 FY26, while PS achieved 10.0% LFL growth in the same period. CTC's physical stores continue to perform well, delivering positive 17.9% YTD LFL growth. However, the company's CTC wholesale channel has deteriorated, with the closure of key third-party customer retail stores and reduced intercompany sales to US. As a result, management has reassessed the carrying value of CTC intangible assets and intends to recognize an impairment of around $24 million. In the absence of a material change in market conditions, the company expects FY26 Group Sales to be between $368 million and $375 million, and Underlying EBITA to be between $61.5 million and $64.5 million.

In the absence of a material change in market conditions, Management expects FY26 Group Sales to be between $368 million and $375 million, and Underlying EBITA to be between $61.5 million and $64.5 million.